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WilliamJ.Podolsky III

Partner

813-472-7583
office

Josh Podolsky practices in the area of business law. He brings a high level of expertise and a practical approach to problem solving in his practice where he concentrates in real estate, commercial transactions, banking, finance, general business, and corporate and partnership matters. His practice involves the representation of buyers, sellers, investors, developers and financial institutions in a variety of areas, including business and real estate dispositions, acquisitions and other transactions; the formation and counseling of limited liability companies, partnerships and corporations; and the representation of financial institutions, private lenders and borrowers in the origination, documentation, and workout of commercial and real estate loans and in commercial real estate leasing.

Josh Podolsky practices in the area of business law. He brings a high level of expertise and a practical approach to problem solving in his practice where he concentrates in real estate, commercial transactions, banking, finance, general business, and corporate and partnership matters. His practice involves the representation of buyers, sellers, investors, developers and financial institutions in a variety of areas, including business and real estate dispositions, acquisitions and other transactions; the formation and counseling of limited liability companies, partnerships and corporations; and the representation of financial institutions, private lenders and borrowers in the origination, documentation, and workout of commercial and real estate loans and in commercial real estate leasing.

He is experienced in advising lenders who provide various types of financing for real estate projects and in handling the related title insurance aspects of such transactions for both lender and borrower clients. He has represented borrowers in large, multisite, multistate sale leaseback transactions, frequently involving the acquisition of a business through the sale of underlying real estate or the refinance of existing debt, with a long-term leaseback by the financing source to the business operator. His experience also includes the formation and funding of ownership entities, advising clients on employment and executive compensation matters, obtaining local and state governmental approvals for development projects, and drafting and negotiating construction-related documents.

Mr. Podolsky has also drafted and negotiated leases throughout the Southeast for various commercial enterprises. His practice includes negotiating and drafting retail, industrial, office space, and ground leases on behalf of both landlords and tenants, as well as advising clients on the related consulting, brokerage and listing agreements.

In November 2011, Mr. Podolsky was appointed by the Hon. Governor Rick Scott to the Florida Real Estate Commission, a 7-member panel tasked with administering and enforcing Florida’s real estate license law. He, along with his fellow commissioners, assisted the Division of Real Estate with drafting various Florida Administrative Code rules which implement the Commission’s statutory authorized duties and responsibilities.

While in law school, Mr. Podolsky served as a federal judicial intern for the Hon. Elizabeth A. Kovacahevich, U.S. District Court, Middle District of Florida. He also clerked at the Florida Office of the Attorney General.

Experience

Represented purchaser in acquisition and financing of $62.95 million apartment complex which consisted of 278 units located in Broward County, Florida.

Represented purchaser in acquisition and financing of $95.55 million apartment complex which consisted of 422 units located in Broward County, Florida.

Represented purchaser in acquisition and financing of $78 million apartment complex which consisted of 300 units located in Broward County, Florida.

Represented client in acquisition of 90-bed skilled facility nursing home facility in Lake Eustis, Florida, and subsequent sale of two facilities totaling 260 beds in Arcadia and Lake Eustis, Florida.

Represented international technology company in securing $13.2 million revolving and term loan facilities, including an international EX-IM Bank facility, letter of credit sub-facility and a commercial real estate mortgage loan.

Represented a national realty company and investment firm in the documentation and title aspects of a $51 million loan secured by a 376-unit apartment complex in South Florida, wherein the borrowing entity had a complex 1031 exchange capital structure.

Represent servicer of residential and non-residential loans in foreclosure and workout matters throughout the state of Florida and Texas.

Co-Author, Cities Cannot Circumvent "First in Time, First in Right", LAWYER, Summer 2013, at 54.

"I own a private mortgage and the borrower is not paying. What is the process if I were to proceed in foreclosure against the borrower?" Greater Tampa Realtor® News (Newsletter of the Greater Tampa Association of Realtors) 16-17 (June 2011)